Monno Ceramic Industries (DHA:MONNOCERA) ROCE % : 0.00% (As of . 20)

View and export this data going back to . Start your Free Trial

What is Monno Ceramic Industries ROCE %?

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Monno Ceramic Industries's annualized ROCE % for the quarter that ended in . 20 was 0.00%.

Monno Ceramic Industries ROCE % Historical Data

The historical data trend for Monno Ceramic Industries's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Monno Ceramic Industries ROCE % Chart

Monno Ceramic Industries Annual Data

Trend

ROCE %

Monno Ceramic Industries Semi-Annual Data

ROCE %

Monno Ceramic Industries ROCE % Calculation

Monno Ceramic Industries's annualized ROCE % for the fiscal year that ended in . 20 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: . 20 )		(A: . 20 )		(A: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

Monno Ceramic Industries's ROCE % of for the quarter that ended in . 20 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: . 20 )		(Q: . 20 )		(Q: . 20 )
	=		/	( ( ( - )	+	( - ) )	/ )
	=		/	( (	+	)	/ )
	=		/
	=	%

(1) Note: The EBIT data used here is one times the annual (. 20) EBIT data.

Monno Ceramic Industries (DHA:MONNOCERA) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Monno Ceramic Industries ROCE % Related Terms

Thank you for viewing the detailed overview of Monno Ceramic Industries's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Monno Ceramic Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Monno Ceramic Industries Ltd (DHA:MONNOCERA) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Islampur, Dhamrai, Dhaka, BGD, 1350

Website

https://www.monno.rakplanet.com/monno-ceramic

Monno Ceramic Industries Ltd is a Bangladesh-based company engaged in manufacturing ceramic wares.

Monno Ceramic Industries Headlines

No Headlines